Global Money Week

2017 Benin Global Money Week

Leading Organizations:
AIESEC in Benin
EurAfrik Benin

Participating Organizations:
Diamond Bank Bénin
Organe Consultatif de la Jeunesse (OCJ)
Mouvement d’Action pour les Jeunes (MAJ/ ABMS-PSI Bénin)

Number of children reached directly: 200
Number of children reached Indirectly: 2500

Throughout Global Money Week 2017, AIESEC in Benin along with Diamond Bank Benin, Global Investment Corporation (GIC) and UNCDF, reached around 200 young students directly. More than 2500 people were reached indirectly through social media platforms such as Facebook and Twitter.

During GMW 2017, Financial literacy awareness sessions were offered to students at ESCAE and ENEAM. The session led by Diamond Bank and the Global Investment Corporation (GIC) highlighted the importance of having a savings account, and gave key information to students about the financial market and Investment Clubs. Following these sessions 3 students’ investment clubs have been launched and about 30 students have opened a savings account.

In addition, Benin participated in the launch of the #BankTheYouth campaign during GMW 2017.

2016 Benin Global Money Week

Leading Organizations:
AIESEC in Benin Eurafrik Humanitarian Organization of Mercy
Participating Organizations:
CPEC Microfinance BRV Benin MOOV Benin Association Miman Foundation Zola Ecole Nationale d’Economie Appliquée et de Management (ENEAM) Institut Supérieur de Management (ISM)
Date of the event:
14th - 19th of March
Total number of children & youth engaged: 150

Various civil society organizations successfully joined forces to help implement GMW2016 celebrations in Benin for the first time! The coalition of leading organizations set up an extensive GMW program, starting on 14 March, to bring the topics of financial education and inclusion closer to the Beninese.

AIESEC Benin already introduced Global Money Week on national television (ORTB) on Sunday 13 March 2016, and a radio talk show specially dedicated to GMW took place to announce the Week during a radio program focusing on youth education. Several young people called this show to participate in the debate, thus showing the interest of the youth in this matter. This media coverage helped to raise awareness about financial inclusion issues and advertised GMW events.

On 16 and 18 March, the GMW partners held saving shops in schools – students participated in a “saving shop” challenge (a practical competition to teach youth to save while shopping). This challenge helped them understand the value of money and develop critical thinking, decision making, team work, leadership, communication and savings skills. In addition, students took part in financial workshops in Cotonou and Calavi. Various financial institutions, such as microfinance, investments and mobile money firms, were invited to give advice to students on savings and investments. The workshops also served as career advisory centers for high school students who may be seeking for a career in the finance sector in the future. The workshops were hosted by two universities as well to address university students and to inform them about financial services and budget creation, as well as youth funding and micro-entrepreneurship.

The extent of this program ensured an exciting first Global Money Week in Benin!

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